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Shipping Insurance
Shipping insurance is a service which may reimburse senders whose parcels are lost, stolen, and/or damaged in transit. In Canada and the US, shipping insurance is offered by postal services, courier companies, and shipping-insurance companies. Not all insurers will insure all goods. For example, postal services will not insure certain economy-class parcels, though third-party insurers often will. It is possible to ship a parcel with insurance but without parcel tracking service. This can be a sensible thing to do. Shipping insurance is normally less expensive than tracking. Also, if a parcel is damaged in transit, tracking may be unhelpful, but shipping insurance may reimburse the sender in full. First-party shipping-insurance services offered by postal services and courier companies may have many more restrictions than third-party shipping-insurance services. First-party insurance services may not pay out on claims unless the item was packed very carefully. Claimants also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reimburse
Reimbursement is the act of compensating someone for an out-of-pocket expense by giving them an amount of money equal to what was spent. Companies, governments and nonprofit organizations may compensate their employees or officers for necessary and reasonable expenses; under US law, these expenses may be deducted from taxes by the organization and treated as untaxed income for the recipient provided that accountability conditions are met. UK law provides for deductions for travel and subsistence. Reimbursement is also provided for supply, day care, mobile, medical, or education expenses, as determined by the payer. Similarly, a university, academic conference, or business conference may reimburse the expenses of an invited speaker or attendee. Reimbursement is also used in insurance, when a provider pays for expenses after they have been paid directly by the policy holder or another party. This is especially relevant in health insurance, due to urgency, high costs, and admi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parcel (package)
Parcel post is a postal service for mail that is too heavy for normal letter post. It is usually slower than letter post. The development of the parcel post is closely connected with the development of the railway network which enabled parcels to be carried in bulk, to a regular schedule and at economic prices. Today, many parcels also travel by road and international shipments may travel by sea or airmail. Development of domestic parcel posts The idea of a parcel post may be credited to Germany, where the growth of railways had brought uniform postal rates throughout Germany and Austria in 1857. The practice of forwarding parcels with the mail, however, had been in use in Austria since the seventeenth century and in some German states is said to date to the fifteenth century. In the first year after the establishment of the domestic parcel post in Germany (1874), 38,862,654 parcels were carried, rising to 62,946,100 by 1881.Jones, Chester Lloyd"The Parcel Post in Foreign Countries ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mail
The mail or post is a system for physically transporting postcards, letter (message), letters, and parcel (package), parcels. A postal service can be private or public, though many governments place restrictions on private systems. Since the mid-19th century, national postal systems have generally been established as a government monopoly, with a fee on the article prepaid. Proof of payment is usually in the form of an adhesive postage stamp, but a postage meter is also used for bulk mailing. With the advent of email, the retronym "snail mail" was coined. Postal authorities often have functions aside from transporting letters. In some countries, a Postal Telegraph and Telephone, postal, telegraph and telephone (PTT) service oversees the postal system, in addition to telephone and telegraph systems. Some countries' postal systems allow for savings accounts and handle applications for passports. The Universal Postal Union (UPU), established in 1874, includes 192 member countries a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Courier
A courier is a person or organisation that delivers a message, package or letter from one place or person to another place or person. Typically, a courier provides their courier service on a commercial contract basis; however, some couriers are government or state agency employees (for example: a diplomatic courier). Duties and functions Couriers are distinguished from ordinary mail services by features such as speed, security, tracking, signature, specialization and individualization of express services, and swift delivery times, which are optional for most everyday mail services. As a premium service, couriers are usually more expensive than standard mail services, and their use is normally limited to packages where one or more of these features are considered important enough to warrant the cost. Courier services operate on all scales, from within specific towns or cities, to regional, national and global services. Large courier companies include DHL, DTDC, FedEx, EMS Inte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Postal Services
The mail or post is a system for physically transporting postcards, letters, and parcels. A postal service can be private or public, though many governments place restrictions on private systems. Since the mid-19th century, national postal systems have generally been established as a government monopoly, with a fee on the article prepaid. Proof of payment is usually in the form of an adhesive postage stamp, but a postage meter is also used for bulk mailing. With the advent of email, the retronym "snail mail" was coined. Postal authorities often have functions aside from transporting letters. In some countries, a postal, telegraph and telephone (PTT) service oversees the postal system, in addition to telephone and telegraph systems. Some countries' postal systems allow for savings accounts and handle applications for passports. The Universal Postal Union (UPU), established in 1874, includes 192 member countries and sets the rules for international mail exchanges as a Specializ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Package Tracking
Package tracking or ''package logging'' is the process of localizing shipping containers, mail and parcel post at different points of time during sorting, warehousing, and package delivery to verify their provenance and to predict and aid delivery. Package tracking developed historically because it provided customers information about the route of a package and the anticipated date and time of delivery.Mark EsseIndustry Developed Temperature Tracking Device for Packages May Have Climate Metrology Applications NIST Beat, June 7, 2011 This was important because mail delivery often included multiple carriers in varying environmental circumstances, which made it possible for a mail to get lost.Herbert JoycThe History of the Post Office from Its Establishment Down to 1836 London: Richard Bentley & Son, 1893 Identification Mail tracking is made possible through certified mail and registered mail, additional postal services that require the identity of a piece of mail to be recorded d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Self-insurance
Self-insurance is a situation in which a person or business that is liable for some risk does not take out any third-party insurance, but rather chooses to bear the risk itself. In the United States the concept applies especially to self-funded health care and may involve, for example, an employer providing certain benefits – generally health benefits or disability benefits – to employees and funding claims from a specified pool of assets rather than through an insurance company, as the term is traditionally used. In self-funded health care, the employer ultimately retains the full risk of paying claims, in contrast to traditional insurance, where all risk is transferred to the insurer. See also * Insurance * Risk management * Third party administrator * Self-funded health care Self-funded health care, also known as Administrative Services Only (ASO), is a self insurance arrangement in the United States whereby an employer provides health or disability benefits to employe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cargo Insurance
Marine insurance covers the physical loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between the points of origin and the final destination. Cargo insurance is the sub-branch of marine insurance, though Marine insurance also includes Onshore and Offshore exposed property, ( container terminals, ports, oil platforms, pipelines), Hull, Marine Casualty, and Marine Liability. When goods are transported by mail or courier or related post, shipping insurance is used instead. History In December 1901 and January 1902, at the direction of archaeologist Jacques de Morgan, Father Jean-Vincent Scheil, OP found a 2.25 meter (or 88.5 inch) tall basalt or diorite stele in three pieces inscribed with 4,130 lines of cuneiform law dictated by Hammurabi (c. 1792–1750 BC) of the First Babylonian Empire in the city of Shush, Iran. Code of Hammurabi Law 100 stipulated repayment by a debtor of a loan to a creditor on a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UPS Capital
UPS Capital is a financial services division of UPS that offers traditional and non-traditional financial services and insurance products. History UPS Capital was created in 1998 as a financial services division within UPS. UPS Capital at first leveraged an existing UPS product, collect on delivery (C.O.D.), as its core service offering, but the traditional C.O.D. model was improved with financial benefits designed to help accelerate and secure the flow of funds between UPS shippers and their customers. The success of these enhancements led to other financial products and services, including asset-based lending (ABL), equipment leasing, domestic and international factoring, a UPS Capital-branded credit card for small businesses and employees, and electronic bill presentment and payment, which still serve UPS customers today. Also at this time, UPS Capital began opening offices in the United Kingdom, Taiwan, Hong Kong, and Norway to build an international network that supports ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aviation Insurance
Aviation insurance is insurance coverage geared specifically to the operation of aircraft and the risks involved in aviation. Aviation insurance policies are distinctly different from those for other areas of transportation and tend to incorporate aviation terminology, as well as terminology, limits and clauses specific to aviation insurance. History Aviation Insurance was first introduced in the early years of the 20th century. The first-ever aviation insurance policy was written by Lloyd's of London in 1911. The company stopped writing aviation policies in 1912 after bad weather at an air meet caused crashes, and ultimately losses, on those first policies. The first aviation policies were underwritten by the marine insurance underwriting community. The first specialist aviation insurers emerged in 1924. In 1929, the Warsaw Convention was signed. The convention was an agreement to establish terms, conditions, and limitations of liability for carriage by air; this was the first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lost In Transit Scam
A package redirection scam is a form of e-commerce fraud, where a malicious actor manipulates a shipping label, to trick the mail carrier into delivering the package to the wrong address. This is usually done through product returns to make the merchant believe that they mishandled the return package, and thus provide a refund without the item being returned. It can also be done by the seller, generally by creating fraudulent online stores or creating fake listings on sites such as eBay or Mercari. This makes it very hard to perform a chargeback, as the tracking shows the item has been delivered. This is also known as an FTID scam, standing for Fake Tracking ID. When this scam is successful, the tracking number will show that the package has been delivered to the correct address, when the package was instead delivered to a different address. This package is generally empty or filled with garbage. Methods Multiple methods are used to trick the carrier into misdelivering the pack ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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